Hefei Meiya Optoelectronic Technology (002690)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 406,964,645.20, representing a 1.26% increase compared to CNY 401,892,660.83 in the same period last year[19]. - The net profit attributable to shareholders for Q1 2023 was CNY 125,032,072.76, reflecting a 10.05% increase from CNY 113,615,316.77 year-on-year[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 123,163,392.59, up 16.13% from CNY 106,060,530.46 in the previous year[19]. - Basic earnings per share for Q1 2023 were CNY 0.1423, a 10.05% increase from CNY 0.1293 in the previous year[19]. - Total revenue for the period was ¥406,964,645.20, slightly up from ¥401,892,660.83, indicating a growth of about 1.67%[40]. - Total operating costs decreased to ¥267,578,566.10 from ¥284,682,327.54, representing a reduction of approximately 6.02%[40]. - Total comprehensive income attributable to the parent company reached ¥130,433,697.15, up from ¥69,208,940.24 in the previous period[35]. Cash Flow - The net cash flow from operating activities improved significantly to CNY 845,565.26, compared to a negative CNY 147,343,968.04 in the same period last year, marking a 100.57% increase[19]. - Net cash flow from operating activities increased by 100.57% compared to the same period last year, mainly due to an increase in cash received from sales and a decrease in procurement payments[22]. - Cash and cash equivalents increased by 1,015.90% compared to the same period last year, mainly due to an increase in cash received from sales and a decrease in procurement payments[25]. - Operating cash inflow totaled ¥423,890,182.85, compared to ¥363,423,311.45 in the previous period, reflecting a growth of approximately 16.67%[36]. - The net increase in cash and cash equivalents was 12,185,346.62 in the previous period[43]. - The ending balance of cash and cash equivalents was 1,036,867,627.17 in the previous period[43]. Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 3,350,645,162.64, a 1.08% increase from CNY 3,314,919,654.11 at the end of the previous year[19]. - The equity attributable to shareholders increased to CNY 2,787,833,990.48, up 5.23% from CNY 2,649,221,170.17 at the end of the previous year[19]. - Current liabilities decreased to ¥497,809,507.27 from ¥600,447,530.91, showing a reduction of about 17.09%[39]. - Non-current assets totaled ¥832,549,115.25, a slight increase from ¥827,225,875.22[39]. Shareholder Information - The company reported a total of 18,805 common shareholders at the end of the reporting period[12]. - The largest shareholder, Tian Ming, holds 60.90% of the shares, amounting to 537,462,900 shares[12]. Government Subsidies and Other Financials - The company recognized government subsidies amounting to CNY 1,332,818.23 during the reporting period[2]. - Financial expenses increased by 91.77% compared to the same period last year, mainly due to an increase in exchange losses[22]. - Interest income increased by 609.67% compared to the same period last year, mainly due to an increase in interest income from US dollar deposits[22]. - Accounts receivable financing decreased by 39.45% compared to the beginning of the period, primarily due to a reduction in bank acceptance bills not endorsed at the end of the period[22]. - Prepayments decreased by 69.38% compared to the beginning of the period, mainly due to a reduction in advance payments for materials[22]. - Other receivables increased by 127.62% compared to the beginning of the period, mainly due to an increase in unreimbursed deposits and service fees at the end of the period[22]. Audit Information - The company’s first quarter report was not audited[44].